THE LGBTQ CENTER INC

EIN: 203906347 501(c)(3) Human Services

SOUTH BEND, IN

Total Revenue
$145,929
Total Expenses
$183,457
Total Assets
$37,458
Net Assets
$-7,442
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
IN
Principal Officer
JULIAN SCHOCK
Phone
5742132235
Tax Period
2024-01-01 to 2024-12-31

THE LGBTQ CENTER INC, founded in 2005, is a small nonprofit in the Human Services sector that reported $146K in total revenue in fiscal year 2024. Revenue fell 42% from the prior year — a significant decline worth monitoring. Expenses of $183K exceeded revenue, resulting in a 26% operating deficit.

Mission

THIS CORPORATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR THE CHARITABLE AND EDUCATIONAL PURPOSES AS STATED WITHIN THE MEANING OF THE INTERNAL REVENUE CODE. THESE INCLUDE PROMOTION OF THE GREATER AWARENESS AND THE SATISFACTION OF SPECIFIC NEEDS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $131,271
Program Service Revenue $1,000
Investment Income $73
Other Revenue $13,585
TOTAL REVENUE $145,929

Expense Breakdown

Grants Paid $0
Salaries & Benefits $154,091
Fundraising Expenses $1,225
Program Expenses $182,232
Other Expenses $29,366
TOTAL EXPENSES $183,457

Year-over-Year Comparison

2024 2023 Change
Revenue $145,929 $252,412 -0.4%
Expenses $183,457 $232,583 -0.2%
Net Income $-37,528 $19,829 -2.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
13
Independent Members
13
Employees
5
Volunteers
65

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$39,000
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JESSICA LYONS BOARD MEMBER 2.00
Director
$0 $0 $0
LAU ORTIZ MERCADO BOARD MEMBER 2.00
Director
$0 $0 $0
KAYLA PENISTER ALVAREZ BOARD MEMBER 2.00
Director
$0 $0 $0
SONJA KARNOVSKY BOARD MEMBER 0.50
Director
$0 $0 $0
DAVID JENKINS BOARD MEMBER 0.50
Director
$0 $0 $0
LEAH THILL BOARD MEMBER 0.50
Director
$0 $0 $0
JULIAN SCHOCK PRESIDENT-ELECT 2.00
Officer
$0 $0 $0
ARIEL THELANDER SECRETARY 0.50
Officer
$0 $0 $0
KRISTA COX PRESIDENT 0.50
Officer
$0 $0 $0
KARL TURNLUND TREASURER 2.00
Officer
$0 $0 $0
NATHAN MITTLEMAN BOARD MEMBER 0.50
Officer
$0 $0 $0
ASHLEY NOFFSINGER TRESURER 0.50
Officer
$0 $0 $0
HR JUNG EXECUTIVE DIRECTOR 40.00
Officer
$39,000 $0 $39,000
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $145,929 $183,457 $37,458 $-37,528
2023 $252,412 $232,582 $109,776 $19,830
2023 $252,412 $338,193 $-13,119 $-85,781
2022 $181,889 $159,876 $30,839 $22,013
2021 $136,007 $155,296 $51,380 $-19,289
2020 $129,214 $127,743 $70,669 $1,471
2019 $102,162 $123,727 $69,198 $-21,565
2018 $131,299 $128,118 $91,149 $3,181
2017 $136,975 $89,270 $94,867 $47,705
Explore More Nonprofits
Top 100 Nonprofits in Indiana Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare THE LGBTQ CENTER INC with other nonprofits in Indiana and across the country.